This week's poll

Should we stay with a tax year-end of 5 April when the rest of the world run theirs' to 31 December?

Should we move the year end to 31 March or 31 December?

Will this make tax simpler?

Should we change the tax year-end?

Missed our SME Tax Web-updates in May? Here is a summary of the month.

Nichola's SME Tax W-update 27 May 2021


  • Statistics: EIS, SEIS and SITR
  • Trusts and Estates: What’s New? May 2021 
  • OTS review of CGT: Simplifying practical, technical and administrative issues 
  • Lump-sum retirement scheme for farmers: Consultation
  • Advisory fuel rates from 1 June 2021 
  • ECJ rules that Amazon did not underpay tax by €250 million
  • No evidence of mileage: No deduction allowed
  • No ER for partnership preparing to trade  
  • MDR unavailable on annexe as not a separate dwelling 
  • Morrison tastes £1m VAT defeat as snack bars are not cakes 
  • R & C Brief 7 (2021): VAT liability of charging electric vehicles

Subscriber CPD/specials

  • Groups: At a glance
  • Index to reorganisations and demergers
  • Finance Bill Tax Update and Rolling Planner 2021-22
  • EMI: Enterprise Management Incentives
  • SDLT: Multiple Dwellings Relief for Annexes Tool
  • When can a company be reinstated?
  • Management recharges (holding companies)
  • NEW CPD: Agricultural Property Relief
  • NEW CPD: IHT: Transferable Nil Rate Band


Nichola's SME Tax W-update 20 May 2021


  • Agent Update: May 2021
  • New powers to investigate directors of dissolved companies
  • Service issues with online CGT filing for UK residential property 
  • COVID-19: Test & trace/self-isolation support payments
  • R & C Brief 6 (2021): VAT liability of juice cleanse programmes 
  • Consultation: DOTAS, DASVOIT and POTAS regime amendments
  • Tooth: Discovery basic condition not met
  • F1 lawyer finds £40m payments are income not gifts

Subscriber CPD/specials

  • Finance Bill Tax Update and Rolling Planner 2021-22
  • Directors: Tax planning toolkit for 2021/22
  • Discovery Assessments
  • Trust Registration Service
  • Apprenticeship levy (employers' briefing)
  • LBTT: Multiple Dwellings Relief 
  • When does a partnership exist?
  • Property profits & losses:Toolkit (2021/22)
  • Partnerships & VAT
  • CPD: Trading Loss Relief: Individuals


Nichola's SME Tax W-update 13 May 2021


  • Call for Evidence: Simplifying the VAT land exemption
  • Mini-umbrella company fraud exposed 
  • R & C Brief 5 (2021): VAT liability of installation of blinds 
  • Get your business ready for the Plastic Packaging Tax 
  • OECD calls for IHT revenues to be increased 
  • Apprenticeship Levy scheme failing says CIPD 
  • IR35: Kaye Adams v Lorraine Kelly v Christa Ackroyd v Eamonn Holmes

Subscriber CPD/specials

  • CGT: Unsupported costs are not deductible
  • Making Tax Digital: VAT (subscriber guide)
  • Non-resident Tax Toolkit
  • Offshore income toolkit
  • CGT: deductible expenditure
  • Place of supply: Mini One Stop Shop (MOSS)
  • Online Marketplaces: Selling goods in the UK
  • International goods
  • CPD: Trading Loss Relief: Individual                                                                              


Nichola's SME Tax Update 6 May 2021


  • Treasury criticised for lack of climate plan  
  • Going Eco: Ten steps to a climate-friendly business
  • Consultation on Residential Property Developer Tax
  • SA Notices to File incorrectly issued to non-resident corporate landlords
  • Share repurchase fails minimum ownership condition 

Subscriber CPD/specials

  • Gardens: selling or developing
  • De-enveloping property
  • Demergers: What are your options? 
  • Losses: Trading and other losses
  • Purchase of own shares: Checklist (Masterclass)
  • Case Study 6: POS, buyout retiring shareholder
  • How to set up a UK trust 
  • Land & Property: DIY Housebuilders scheme
  • Private use of goods: VAT and Lennartz


Missed last time's monthly web-update? Get it here...

SME Monthly Summary April 2021

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